Here we discuss news related to the novel titled "The Rule of Equity."

Themes

Inequality, justice, equity--modern society struggles with these values, and the media, politicians, economists, and artists address income and inequality as if it's a new issue. Anyone who reads the Bible or even Charles Dickens knows these issues have been part of human society throughout recorded history. At common law, judges developed the concept of equity to do the right thing.

The elite propose income transfer schemes and government control designed to protect and insulate the elite and keep the poor indebted to them. Some of the worst abuses have been inflicted on Native Americans or American Indians.

Now the elite have incurred massive debts that leave entire nations (and their citizens) vulnerable to a different kind of rule of equity--domination by creditors, foreign and domestic.

Monday, July 7, 2014

China's military thinks it can defeat U.S.

Interesting comments about the PLA (People's Liberation Army) and its thinking about the U.S. military. This writer thinks the PLA is wrong because of American nuclear submarines, but note the following article that discusses the Chinese focus on their own nuclear submarines.

[A]fter two decades of sustained military modernization, the Chinese military has fundamentally changed its strategy in just the last year or so. According to Fuell, recent writings by PLA officers indicate "a growing confidence within the PLA that they can more-readily withstand U.S. involvement."

The preemptive strike is off the table — and with it, the risk of a full-scale American counterattack. Instead, Beijing believes it can attack Taiwan or another neighbor while also bloodlessly deterring U.S. intervention. It would do so by deploying such overwhelmingly strong military forces — ballistic missiles, aircraft carriers, jet fighters, and the like — that Washington dare not get involved.

The knock-on effects of deterring America could be world-changing. "Backing away from our commitments to protect Taiwan, Japan, or the Philippines would be tantamount to ceding East Asia to China's domination," Roger Cliff, a fellow at the Atlantic Council, said at the same U.S.-China Economic and Security Review Commission hearing on Jan. 30.

Worse, the world's liberal economic order — and indeed, the whole notion of democracy — could suffer irreparable harm.

About Me

I like the way Daft Punk wear robot suits in public. I'd rather focus on the music than the personalities. Same with Internet discussions; I'd rather focus on the information and the logic of the arguments than the personalities. That said, people want to know I'm a real person, so here's a photo of me at the UN in New York.